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    Peanut Flavor Market

    ID: 9522
    110 Pages
    Research Team
    03/2023

    Peanut Flavor Market Research Report Information By Flavor (Chocolate and Caramel), Product (Snacks, Bites, Spreads, Biscuits, and Tablets), Application (Bakery, Confectionery, Butter & Spreads, and Dairy Products), Distribution Channel (Store-based and Non-store-based) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) - Forecast Till 2030

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    Market Summary

    Global Peanut Flavor Market Overview

    Peanut Flavor Market Size was valued at USD 3,344.90 million in 2021. The peanut flavor industry is projected to grow from 3,571.87 million in 2022 to USD 5,423.66 million by 2030, exhibiting a compound annual growth rate (CAGR) of 6.23% during the forecast period (2022 - 2030). The rising demand for plant-based foods along with the increasing industrial research for flavoring products across the globe are driving the market growth.

    Figure 1 Peanut Flavor Market, 2021 & 2030 (USD Billion)Peanut Flavor Market, 2021 & 2030

    Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

    Peanut Flavor Market Trends

      • Rising demand for plant-based foods

    Data released by the Plant-Based Foods Association in 2021, has revealed that the retail sales of plant-based food have grown three times faster than retail food sales. As peanut contains more than thirty essential vitamins and nutrients play an important source of plant-based foods for consumers who follow vegan, vegetarian, and flexitarian diets. Increasing consumer preference for healthier, clean-label diets and a sustainable lifestyle boost plant-based protein growth, pushing the market for Dairy Products. Also, the nutritional and calorific profile of Dairy Products like peanut butter, spreads, snacks, etc., meet the energy and taste preferences of meat-alternative diet consumers, amplifying the growth of the peanut flavor market. There have been several peanut flavor-based product innovations in these recent years by major brands across the globe like PhoLicious Brand's Vietnamese peanut sauce, General Mill's chocolate peanut butter wafer bar (Nature Valley Brand), Kellogg's Special K brand's chocolate peanut butter flavor protein meal bar, etc. Thus, the rising demand for plant-based foods by vegan and vegetarian diet followers and gluten-free foods across the globe is anticipated to support and drive the growth of the peanut flavor market.

    Peanut Flavor market Segment Insights

    Flavor Insights

    Based on flavor, the Peanut Flavor Market segmentation includes chocolate, caramel, and others. The chocolate segment held the majority share in 2021 contributing to around a market value of USD 2,073.40 million of Peanut Flavor Market revenue. Some of the most popular chocolates are the two flavor partners, which may be found in everything from candy to pastries to buckeyes. Chocolate and peanut butter taste much better when combined than when consumed separately. According to Gregory Ziegler, a professor of food science at Penn State University who specializes in studying chocolate, "dynamic sensory contrast" is mainly responsible for the delicious taste of biting into a Reese's Peanut Butter Cup. According to a recent study from the American Chemical Society 2020, adding leftover peanut shells to milk chocolate increases its antioxidant capabilities and also offers anti-inflammatory health advantages that help prevent food goods from decaying. Peanut Milk chocolate comprises milk powder, peanuts, Sugar, Dextrose, Salt, TBHQ & Citric Acid (to maintain freshness), and a small percentage of cocoa solids and cocoa butter. According to STATE OF SNACKING 2021, over nine out of ten consumers eat one indulgent snack every day, and snacking and chocolate consumption have both climbed over the previous two years. The chocolate segment is expected to grow at a market CAGR of 6.57%.

    May 2020 Firmenich International SA, a global leader in the Flavor & Fragrance industry, has acquired Les Dérivés Résiniques et Terpéniques ("DRT"), a well-renowned company in the naturally-derived ingredients market. The acquisition is expected to boost the growth of Firmenich International SA, in the perfumery market.

    December 2020Huel Ltd. is a meal replacement company offering a wide range of products like grains, powder, bars, and liquid. The company launched new Huel powder and huel black edition products with peanut butter flavor.

    Figure 2 Peanut Flavor Market, by Flavor, 2021 & 2030 (USD Billion)Peanut Flavor Market, by Flavor, 2021 & 2030

    Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

    Peanut Flavor Product Insights

    Based on Product, the Peanut Flavor Market segmentation includes snacks, bites, spreads, biscuits, tablets, and others. The snacks segment held the majority share in 2021 contributing to around ~30 to 40% of the Peanut Flavor Market revenue. An appetizer eaten in between meals is referred to as a snack. They might be simple, prepackaged products, fresh fruits or other vegetables, or more complex recipes, but they are usually regarded as less than a complete meal. According to the National Peanut Board (NPB), peanuts contain the highest amount of protein per ounce at 7 grams. In addition to providing fiber and vitamin E, peanuts and peanut butter are healthy for the body. They provide more than 30 vitamins and minerals as well. The Snacks segment is expected to grow at a market CAGR of 6.62%. 

    Peanut Flavor Application Insights

    Based on Application, the global Peanut Flavor industry market data has been segmented into bakery, confectionery, butter & spreads, dairy products, and others. The butter & spreads segment held the largest segment share in 2021. One of the most consumed spreads worldwide is peanut butter and for good reason. Globally, people are starting to choose healthier breakfast and snack alternatives due to growing obesity rates. For instance, in the UK, peanut butter sales are predicted to surpass those of sweet spreads like jam since Public Health England (PHE) is focusing on them as part of the sugar reduction strategy. With this program, the PHE hopes to lower the total level of sugar in the meals that kids eat. Consuming nuts like peanuts can help protect against conditions including diabetes, metabolic syndrome, and coronary heart disease (CHD). Additionally, the National Institute of Health (NIH) notes that nut-based spreads are a rich source of phytochemicals that protect against breast, prostate, colon, and other cancers. The NIH also predicts that people who consume nuts five or more times per week have a relative risk of acquiring diabetes that is approximately 27.0% lower than that of people who eat nuts infrequently or never. The butter & spreads segment is anticipated to grow at a CAGR of 6.46% during the forecasted period.

    October 2022 Superfoodie, a plant-based snack brand has launched its novel peanut butter buttons in the UK. #nomorebutterfingers was the marketing campaign used for the product launched as part of its Co-op’s Apiary Scheme. The buttons are designed to overcome the problem of getting the fingers sticky and have gained significant reception among customers.

    April 2021 Pic’s and Whittaker’s two peanut butter brands in New Zealand have collaborated to launch Pic's peanut & chocolate butter in Australia. The products are made available throughout the country via independent stores.

    Peanut Flavor Distribution Channel Insights

    Based on Distribution Channels, the global peanut flavor industry market data has been segmented into Store-based and non-store-based. The Store-based segment accounts for the largest market share of 64.31% in 2021.

    The store-based distribution channel is defined as the brick-and-mortar retail stores like Supermarket & Hypermarket, Convenience stores, and Specialty stores. Supermarket & Hypermarket accounts for a market share of 60.41% in the store-based peanut flavor market. The increasing interest in consuming different flavors and different brands contributes to increasing footfall in the supermarket & hypermarket segment which provides a wide assortment of peanut flavors. Though, the local-supermarket brands, spurious and counterfeit products are relatively available at lesser prices hinders the sales of branded peanut flavor market. Convenience stores are those small-size retail shops with day-to-day groceries. The store also sells peanut flavors of various brands and flavors in all SKUs. A specialty retailer concentrates on a small number of product categories as opposed to those that sell a wide range of consumer products with respect to varied regions across the globe

    Peanut Flavor Regional Insights

    By Region, the study segments the market into North America, Europe, Asia-Pacific, and the Rest of the World. The North America peanut flavor market accounts for the largest market share of USD 1,595.39 million in 2021. The increasing awareness about healthy food products and rising consumption of convenience food products are expected to drive the growth of the market in North America. Growing health consciousness among consumers in the US peanut flavor market has influenced food manufacturers to incline toward the adoption of natural and healthy food ingredients. Thus, the manufacturers of peanut flavors are shifting their preferences toward natural ingredients and flavors. The escalating demand for nutritious products along with the rising health awareness in the Canada peanut flavor market has always been a key factor in the growth of the product. The increasing awareness about healthy food products and rising consumption of convenience food & beverage products are expected to drive the growth of the market in North America 

    The major countries studied are the U.S., Canada, Mexico, Germany, France, the UK, Italy, Spain,  China, Japan, India, Australia and New Zealand,  and Brazil.

    Figure 3 PEANUT FLAVOR MARKET SHARE BY REGION 2021 (%)PEANUT FLAVOR MARKET SHARE BY REGION 2021

    Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

    The Asia-Pacific peanut flavor market comprises China, Japan, India, Australia & New Zealand, and the rest of Asia-Pacific and held the second-largest market share in 2021. The growth of the peanut flavors market in Asia-Pacific is driven by the increasing consumption of ready-to-eat food products. The changing consumer preferences, growing population in developing economies, and rising per capita disposable incomes are impacting the sales of ready-to-eat products, wherein peanut flavors are being widely used. The key contribution to peanut flavor consumption is from the China peanut flavor market and Indian peanut flavor market. However, many Southeast Asian countries have paid a substantial contribution to peanut flavor utilization through various applications. The growth of the food flavors market in the Asia-Pacific region is anticipated to be driven by various factors with countries such as China, Japan, and India majorly driving the growth owing to several factors such as consumers’ shift in taste and preference for international food cuisines are on the verge of globalization

    The Europe peanut flavor market is one of the prominent regions across the globe that includes most of the developing countries such as Germany, Italy, Spain, the UK, and France. The European peanut flavor market has been growing for years and it is driven by changes in the consumption patterns of European consumers, including rising demand for healthier snacking options. The already established market of peanuts in Europe has been supporting Dairy Products. European countries are recognized for their consumption of bakery and confectionery products especially the UK peanut flavor market and Germany peanut flavor market. Moreover, the extensive use of flavors and spreads in the production of bakery & confectionery products is anticipated to act as one of the significant factors for the rising growth of the peanut flavors market.

    Peanut Flavor Key Market Players & Competitive Insights

    Major market players are spending a lot of money on R&D to increase their product lines, which will help the Peanut Flavor market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, partnerships with local manufacturers in key markets, increased investments, and marketing initiatives to strengthen their presence. Competitors in the Peanut Flavor industry must offer innovative products that are trending to expand and survive in an increasingly competitive and rising market environment.

    One of the primary business strategies adopted by manufacturers in the global peanut flavor industry to benefit clients and expand the peanut flavor market sector is a strategic acquisition that gives a competitive advantage over the other players in the market.

    Archer-Daniels-Midland Company (ADM) specializes in the manufacturing of food and beverage ingredients along with other varieties of agricultural products. The company’s product portfolios include natural flavors and colors, health and nutrition products, vegetable oil, corn sweeteners, flour, animal feed, and biofuels. It primarily operates in three business segments, namely, Ag services and oilseeds, carbohydrate solutions, and nutrition. The Ag services and oilseeds segment includes global activities related to the origination, merchandising, transportation, and storage of agricultural raw materials. The carbohydrate solutions segment is engaged in corn and wheat wet and dry milling and other activities. The nutrition segment serves customer needs for food, beverages, health and wellness, and many more.

    Lone Tree Nut Company got over 70 years of experience in nut sourcing and processing and works closely with manufacturers, retailers, and consumers. The company makes sure that from production to packaging everything should be sustainable and environmentally friendly. The company invests in training to ensure that every staff must have the most up-to-date knowledge and that our processes continue to meet the latest standards for quality and safety. Sun Valley Nut sticks to the mantra of reducing, reusing, and recycling when it comes to packaging

    Key Companies in the Peanut Flavor market include

      • Nature’s Flavours
      • Abelei
      • S-World Flavor & Fragarances
      • Northwestern Extract
      • Weber Flavours
      • Stringer Flavours
      • Flavor so good Company
      • Lionel Hitchen
      • Fuxiong Flavours & Fragrances

    Peanut Flavor Industry Developments

    January 2023 WOW Life Science launched a novel peanut butter that is infused with superfoods with two variants namely super seeds and sattu in India. The super seeds variant is made using seeds of pumpkin, sunflower, chia, and watermelon and also the Sattu is made using roasted channa powder.

    August 2022 Good Good Brand is planning to launch its no added sugar peanut butter product in Canada, the UK, and Europe. To reduce the carb count the company is sourcing its peanuts from the US owing to its growing conditions.

    August 2022 Lenny & Larry’s expanded its product portfolio with the addition of a plant-based protein bar named The Complete Cookie-fied Bar in two flavors including peanut butter chocolate chip and chocolate almond sea salt. The bar is launched in the US through omnichannel including stores-based and online retailers.

    Peanut Flavor Market Segmentation

    Peanut Flavor Type Outlook

      • Chocolate
      • Caramel
      • Others

    Peanut Flavor Product Outlook

      • Snacks
      • Bites
      • Spreads
      • Biscuits
      • Tablets
      • Others

    Peanut Flavor Application Outlook

      • Bakery
      • Confectionery
      • Butter & Spreads
      • Dairy Products
      • Others

    Peanut Flavor Distribution Channel Outlook

      • Store-Based
        • Supermarkets & Hypermarkets
        • Convenience Stores
        • Others
      • Non-Store-Based

    Peanut Flavor Regional Outlook

      • North America

        • US
        • Canada
        • Mexico

      • Europe

        • Germany
        • France
        • UK
        • Italy
        • Spain
        • Rest of Europe

      • Asia-Pacific

        • China
        • Japan
        • India
        • Australia  and New Zealand
        • Rest of Asia-Pacific

      • Rest of the World

        • Middle East

        • Africa

        • Latin America

    Market Size & Forecast

    Report Attribute/Metric Details
    Market Size 2021 USD 3,344.90 million
    Market Size 2022 USD 3,571.87 million
    Market Size 2030 USD 5,423.66 million
    Compound Annual Growth Rate (CAGR) 6.23 % (2022-2030)
    Base Year 2021
    Forecast Period 2022-2030
    Historical Data 2020
    Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Flavor, Product, Application, Distribution Channel, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S, Canada, Mexico, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia and New Zealand, and Brazil
    Key Companies Profiled Firmenich (Canada), Nature’s Flavours (Germany), Abelei (Germany), S-World Flavor & Fragrance (Italy), Weber (Germany), Stringer Flavoured (Germany), Flavour so good Company (China), Lionel Hitchens (United Kingdom), Fuxiong Flavours & Fragrances (China) and Northwestern Extract (US)
    Key Market Opportunities Product launches and Innovation Demand for organic Dairy Products
    Key Market Dynamics Rising demand for plant-based foods Increasing institutional research for flavoring products across the globe Emerging use of chemical-free ingredients in the food industry

    Major Players

    Peanut Flavor Market Segmentation

    Peanut Flavor Type Outlook (USD Million, 2020-2030)

    • Chocolate

    • Caramel

    • Others

    Peanut Flavor Product Outlook (USD Million, 2020-2030)

    • Snacks

    • Bites

    • Spreads

    • Biscuits

    • Tablets

    • Others

    Peanut Flavor Application Outlook (USD Million, 2020-2030)

    • Bakery

    • Confectionery

    • Butter & Spreads

    • Dairy Products

    • Others

    Peanut Flavor Distribution Channel Outlook (USD Million, 2020-2030)

    • Store-Based

      • Supermarkets & Hypermarkets

      • Convenience Stores

      • Others

    • Non-Store-Based

    Peanut Flavor Regional Outlook (USD Million, 2020-2030)

    • North America Outlook (USD Million, 2020-2030)

      • North America Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • North America Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • North America Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • North America Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • US Outlook (USD Million, 2020-2030)

      • US Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • US Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • US Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • US Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Canada Outlook (USD Million, 2020-2030)

      • Canada Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Canada Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Canada Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Canada Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Mexico Outlook (USD Million, 2020-2030)

      • Mexico Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Mexico Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Mexico Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Mexico Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

    • Europe Outlook (USD Million, 2020-2030)

      • Europe Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Europe Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Europe Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Europe Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Germany Outlook (USD Million, 2020-2030)

      • Germany Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Germany Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Germany Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Germany Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • France Outlook (USD Million, 2020-2030)

      • France Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • France Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • France Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • France Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • UK Outlook (USD Million, 2020-2030)

      • UK Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • UK Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • UK Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • UK Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Italy Outlook (USD Million, 2020-2030)

      • Italy Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Italy Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Italy Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Italy Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Rest of Europe Outlook (USD Million, 2020-2030)

      • Rest of Europe Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Rest of Europe Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Rest of Europe Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Rest of Europe Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

    • Asia-Pacific Outlook (USD Million, 2020-2030)

      • Asia-Pacific Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Asia-Pacific Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Asia-Pacific Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Asia-Pacific Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • China Outlook (USD Million, 2020-2030)

      • China Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • China Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • China Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • China Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • India Outlook (USD Million, 2020-2030)

      • India Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • India Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • India Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • India Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • JAPAN Outlook (USD Million, 2020-2030)

      • Japan Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Japan Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Japan Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Japan Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Australia & New Zealand Outlook (USD Million, 2020-2030)

      • Australia & New Zealand Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Australia & New Zealand Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Australia & New Zealand Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Australia & New Zealand Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Rest of Asia-Pacific Outlook (USD Million, 2020-2030)

      • Rest of Asia-Pacific Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Rest of Asia-Pacific Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Rest of Asia-Pacific Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Rest of Asia-Pacific Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

    • Rest of the World Outlook (USD Million, 2020-2030)

      • Rest of the World Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Rest of the World Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Rest of the World Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Rest of the World Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Middle East Outlook (USD Million, 2020-2030)

      • Middle East Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Middle East Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Middle East Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Middle East Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Africa Outlook (USD Million, 2020-2030)

      • Africa Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Africa Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Africa Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Africa Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • South America Outlook (USD Million, 2020-2030)

      • South America Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • South America Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • South America Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • South America Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

    Market Trends

    Global Peanut Flavor Market Overview

    Peanut Flavor Market Size was valued at USD 3,344.90 million in 2021. The peanut flavor industry is projected to grow from 3,571.87 million in 2022 to USD 5,423.66 million by 2030, exhibiting a compound annual growth rate (CAGR) of 6.23% during the forecast period (2022 - 2030). The rising demand for plant-based foods along with the increasing industrial research for flavoring products across the globe are driving the market growth.

    Figure 1 Peanut Flavor Market, 2021 & 2030 (USD Billion)Peanut Flavor Market, 2021 & 2030

    Source Secondary Research, Primary Research, MRFR Database, and Analyst Review

    Peanut Flavor Market Trends

      • Rising demand for plant-based foods

    Data released by the Plant-Based Foods Association in 2021, has revealed that the retail sales of plant-based food have grown three times faster than retail food sales. As peanut contains more than thirty essential vitamins and nutrients play an important source of plant-based foods for consumers who follow vegan, vegetarian, and flexitarian diets. Increasing consumer preference for healthier, clean-label diets and a sustainable lifestyle boost plant-based...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Peanut Flavor Market

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035
    Get detailed insights about Smartphone Sensors Market

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Peanut Flavor Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Report Attribute/Metric Details
    Market Size 2021 USD 3,344.90 million
    Market Size 2022 USD 3,571.87 million
    Market Size 2030 USD 5,423.66 million
    Compound Annual Growth Rate (CAGR) 6.23 % (2022-2030)
    Base Year 2021
    Forecast Period 2022-2030
    Historical Data 2020
    Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Flavor, Product, Application, Distribution Channel, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S, Canada, Mexico, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia and New Zealand, and Brazil
    Key Companies Profiled Firmenich (Canada), Nature’s Flavours (Germany), Abelei (Germany), S-World Flavor & Fragrance (Italy), Weber (Germany), Stringer Flavoured (Germany), Flavour so good Company (China), Lionel Hitchens (United Kingdom), Fuxiong Flavours & Fragrances (China) and Northwestern Extract (US)
    Key Market Opportunities Product launches and Innovation Demand for organic Dairy Products
    Key Market Dynamics Rising demand for plant-based foods Increasing institutional research for flavoring products across the globe Emerging use of chemical-free ingredients in the food industry

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    1. NORTH AMERICA: PEANUT FLAVOR MARKET, BY FLAVOR, 2022–2030 (EURO MILLION)
    2. US: PEANUT FLAVOR MARKET, BY FLAVOR, 2022&ndash;2030 (EURO MILLION) 68</span>
    3. CANADA: PEANUT FLAVOR MARKET, BY FLAVOR, 2022&ndash;2030 (EURO MILLION) 69</span>
    4. MEXICO: PEANUT FLAVOR MARKET, BY FLAVOR, 2022&ndash;2030 (EURO MILLION) 71</span>
    5. EUROPE: PEANUT FLAVOR MARKET ESTIMATES &amp; FORECAST, BY COUNTRY, 2022&ndash;2030

    Peanut Flavor Market Segmentation

    Peanut Flavor Type Outlook (USD Million, 2020-2030)

    • Chocolate

    • Caramel

    • Others

    Peanut Flavor Product Outlook (USD Million, 2020-2030)

    • Snacks

    • Bites

    • Spreads

    • Biscuits

    • Tablets

    • Others

    Peanut Flavor Application Outlook (USD Million, 2020-2030)

    • Bakery

    • Confectionery

    • Butter & Spreads

    • Dairy Products

    • Others

    Peanut Flavor Distribution Channel Outlook (USD Million, 2020-2030)

    • Store-Based

      • Supermarkets & Hypermarkets

      • Convenience Stores

      • Others

    • Non-Store-Based

    Peanut Flavor Regional Outlook (USD Million, 2020-2030)

    • North America Outlook (USD Million, 2020-2030)

      • North America Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • North America Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • North America Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • North America Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • US Outlook (USD Million, 2020-2030)

      • US Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • US Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • US Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • US Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Canada Outlook (USD Million, 2020-2030)

      • Canada Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Canada Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Canada Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Canada Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Mexico Outlook (USD Million, 2020-2030)

      • Mexico Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Mexico Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Mexico Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Mexico Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

    • Europe Outlook (USD Million, 2020-2030)

      • Europe Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Europe Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Europe Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Europe Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Germany Outlook (USD Million, 2020-2030)

      • Germany Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Germany Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Germany Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Germany Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • France Outlook (USD Million, 2020-2030)

      • France Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • France Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • France Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • France Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • UK Outlook (USD Million, 2020-2030)

      • UK Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • UK Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • UK Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • UK Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Italy Outlook (USD Million, 2020-2030)

      • Italy Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Italy Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Italy Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Italy Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Rest of Europe Outlook (USD Million, 2020-2030)

      • Rest of Europe Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Rest of Europe Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Rest of Europe Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Rest of Europe Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

    • Asia-Pacific Outlook (USD Million, 2020-2030)

      • Asia-Pacific Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Asia-Pacific Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Asia-Pacific Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Asia-Pacific Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • China Outlook (USD Million, 2020-2030)

      • China Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • China Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • China Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • China Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • India Outlook (USD Million, 2020-2030)

      • India Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • India Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • India Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • India Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • JAPAN Outlook (USD Million, 2020-2030)

      • Japan Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Japan Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Japan Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Japan Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Australia & New Zealand Outlook (USD Million, 2020-2030)

      • Australia & New Zealand Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Australia & New Zealand Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Australia & New Zealand Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Australia & New Zealand Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Rest of Asia-Pacific Outlook (USD Million, 2020-2030)

      • Rest of Asia-Pacific Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Rest of Asia-Pacific Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Rest of Asia-Pacific Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Rest of Asia-Pacific Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

    • Rest of the World Outlook (USD Million, 2020-2030)

      • Rest of the World Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Rest of the World Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Rest of the World Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Rest of the World Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Middle East Outlook (USD Million, 2020-2030)

      • Middle East Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Middle East Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Middle East Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Middle East Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • Africa Outlook (USD Million, 2020-2030)

      • Africa Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • Africa Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • Africa Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • Africa Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

      • South America Outlook (USD Million, 2020-2030)

      • South America Peanut Flavor by Flavor

        • Chocolate

        • Caramel

        • Others

      • South America Peanut Flavor by Product

        • Snacks

        • Bites

        • Spreads

        • Biscuits

        • Tablets

        • Others

      • South America Peanut Flavor by Application

        • Bakery

        • Confectionery

        • Butter & Spreads

        • Dairy Products

        • Others

      • South America Peanut Flavor by Distribution Channel

        • Store-Based

          • Supermarkets & Hypermarkets

          • Convenience Stores

          • Others

        • Non-Store-Based

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